Trumpcare is dead. President Donald Trump is humiliated and so is House Speaker Paul Ryan. The Democrats can hardly believe their luck: The Republicans have hobbled their own agenda, while Obamacare, aka the Affordable Care Act, lives to fight another day. But unlike the law’s previous brushes with death—most notably its bruising encounters with the Supreme Court in 2012 and 2015—this latest example of its resilience represents a turning point, if Democrats choose to seize the opportunity.
Another question is how much the Cuomo and Raimondo plans will truly benefit low-income students. Both proposals are what’s called “last-dollar” initiatives, meaning the states would only pay the balance of tuition after students use up existing state and federal aid, including Pell Grants. These current state and federal programs couldn’t be used to fund other college costs.
Twenty-seven progressive groups said in a Thursday news release provided to McClatchy that they would join a planned Tax Day protest of President Donald Trump, as liberal activists prepare for what might be the biggest demonstration against the White House occupant since the Women’s March on Washington in January.
To win over and mobilize the public, social justice advocates must articulate what we’re for, not just what we’re against. The American people deserve better than what’s currently on offer from team Trump, but for many, the status quo also falls short. If progressives are to fulfill one of our core principles—the use of public policy to improve the lives of those left out or underserved by the market economy—we need a simple, plausible plan that excites people. Two key components of that plan are Medicare for All and a guaranteed jobs program. [...]
Donald Trump and his billionaire Cabinet are proposing even bigger tax cuts for the wealthy when what we need is a fairer system that allows our nation to meet the needs of its people.
New York’s plan is a step forward in returning to the days when students could work their way through public college without taking on debt. But the impact on reducing the need to borrow may be minimal, especially for first-generation, low-wealth students.
New York approved a state budget Sunday that included the Excelsior Scholarship, which will allow students whose families earn less than $125,000 a year to attend state public colleges and universities tuition-free.
After a year of strikes and protests there’s a victory for many federal workers demanding that their government to pay them a living wage. President Obama in tonight’s State of the Union address will announce plans to sign an executive order requiring federal contractors to pay workers at least $10.10 an hour. The action affects workers currently earning less and will apply to new federal contracts.
Low-wage, federally-contracted janitors and construction workers will have a new minimum wage of $10.10 per hour, under an executive order announced by the White House Tuesday. Advocates said the full scope of the order, which will be formally announced during tonight’s State of the Union address, remains unclear, but could include hundreds of thousands of employees under future federal contracts. [...]
President Obama's promised executive order to raise the minimum wage for some government contract workers would likely affect less than half a million people and may face legal challenge.
What Obama is hoping is that his relatively narrow move will spur Congress to follow suit for all low-wage workers in the country.
During his State of the Union address tonight, President Obama will announce plans to issue an executive order giving a raise to low-wage workers on new federal contracts, a move that affects thousands of people in the Washington area, the White House says.
At Fox News, President Obama's push to increase the federal minimum wage for millions of American workers through legislative and executive action is merely a "symbolic" gesture.
A move by President Obama to raise the minimum wage for federal contract workers to $10.10 an hour is partly an act of symbolism and political tactics, but it promises to have a practical impact on the lives of as many as half a million US workers. [...]
When it comes to boosting economic opportunity, President Obama isn’t going to wait for Congress anymore.
In his State of the Union Address last night, the President made a powerful statement about employers’ obligation to reward work -- starting with his own obligation as the executive in charge of millions of federal contracts.
Democratic lawmakers on Wednesday applauded low-wage federal contract workers, saying their months of protest had paved the way for President Barack Obama’s upcoming executive order to raise the minimum wage for new contractors.
As long as there have been markets, people have been driven by greed to make irrational investment decisions. When enough people get in on the action, valuations -- the prices of securities -- go haywire, soaring to obscene heights and then crashing in a shower of crushed dreams.
Chasing performance, taking on excessive risk and selling at inopportune times are all as old as capital markets themselves. What is new is the modern regulatory environment and financial innovations such as high-frequency trading. Is today's stock market the same beast it was 20 or 30 years ago? [...]
As the White House prepares to launch a major economic opportunity effort, record high unemployment among black and Latino youth underscores how essential it is to create job opportunities for young people of color.
The critical issue here is that the ages of 16 to 24 are make or break years for lifelong earning potential. With one out four blacks and 1 out of 6 Latinos under the age of 25 without work, a generation of youth of color risks falling behind.